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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

COMMERCIAL INVESTMENT OPPORTUNITY*** Let to WILLIAM HILL on NEW 15 YEAR FRI LEASE*** IMMEDIATE RENTAL INCOME OF £10,000 PER ANNUM***

Prominent position on BUSY main road. EXCELLENT INVESTMENT OPPORTUNITY***

PRIME investment currently LET to William Hill at £10,000 Per Annum on NEW 15 YEAR FRI LEASE.

HIGH VOLUMES OF PASSING TRADE.*** Nearby occupiers include Domino's Pizza, Nisa Local, Sunset Beach and Londis convenience store.

Situated in the suburb of Barmulloch, 3 miles from the City Centre. EXCELLENT TRADING LOCATION.

COMMERCIAL INVESTMENT OPPORTUNITY*** Let to WILLIAM HILL on NEW 15 YEAR FRI LEASE*** IMMEDIATE RENTAL INCOME OF £10,000 PER ANNUM*** Prominent position on BUSY main road. EXCELLENT INVESTMENT OPPORTUNITY*** PRIME investment currently LET to William Hill at £10,000 Per Annum on NEW 15 YEAR FRI LEASE. HIGH VOLUMES OF PASSING TRADE.*** Nearby occupiers include Domino's Pizza, Nisa Local, Sunset Beach and Londis convenience store. Situated in the suburb of Barmulloch, 3 miles from the City Centre. EXCELLENT TRADING LOCATION.

Situated in the suburb of Barmulloch, 3 miles from the City Centre. EXCELLENT TRADING LOCATION. The area has good arterial road links and is well served by local bus services with connections to the M8 motorway network.

Full Address: 552 Broomfield Road, William Hill Investment, Glasgow, G21 3HN

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: NEW 15 YEAR LEASE
Rent: £10,000 per year / £833 per month
Yield: 7% (approx)
Tenant: Company
Notes:

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Pricing Information & Bidding

Opening Bid: £136,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £1,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Buy Now Price = £159,000

Please use our BUY NOW form to secure this property now. Once you submit the form we will send you an invoice and payment details so you can make the necessary deposit payment to proceed with the purchase.

BUY NOW for £159,000 - CLICK HERE

Auction Details

Date & Time: 16 May 2024, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue

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